Which of the following statements is false?
A) Some firms have tried Activity-Based-Costing and found that their costs exceeded their benefits
B) Activity-Based-Costing focuses on current processes while Activity-Based-Management is concerned
With improved processes
C) Activity-Based-Costing and Activity-Based-Management are simple and inexpensive to implement
D) Many recent applications of Activity-Based-Management have been in service departments of manufacturing firms rather than producing departments

Question

Quizplus · Accepted Answer

Activity-Based-Costing (ABC) and Activity-Based-Management (ABM) are often complex and can be expensive to implement due to the detailed analysis required to accurately allocate costs and manage activities.

Which of the Following Statements Is False